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Economic Analysts: Petrom Profit Seen Up 15% In 2Q
Romania’s leading oil and gas producer OMV Petrom (SNP.RO), controlled by Austrian group OMV, is expected to post a net profit of almost 500 million lei in the second quarter of 2015, up 15%...
Romanian Companies Posted Higher Profit, Lower Employees In 2014 - Survey
The Romanian companies doubled their profit margin at 2.5% in 2014, at the expense of firing 230,000 people, according to ZF survey based on Trade Registry data.
IAR Ghimbav 1H Profit Up 30-Fold To RON31.7M
Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) registered a pre-tax profit of RON31.7 million in the first half of 2015, compared to just RON1.6 million in...
SIF Banat-Crisana, SIF Oltenia Posted RON147M Cumulated Profit In 1H
SIF Banat-Crisana (SIF1.RO) posted a net profit of 43.6 million lei in the first half of 2015, threefold lower than the same period a year ago, mainly fueled by sale transaction early this y...
Ford Romania’s Revenue Down 17% In 2014
Ford Romania, the second most important carmaker in Romania, posted EUR912 million revenue last year, down 17% on 2013, according to Finance Ministry data.
Hidroelectrica Posts Record Profit In 1H, At RON725M
Romanian insolvent hydropower producer Hidroelectrica posted a record profit of RON725 million in the firts half of the year, 42% higher than in the same period in 2014, when its earnings st...
Raiffeisen And Banca Transilvania Most Profitable Lenders Again In 2014
Raiffeisen and Banca Transilvania preserved their top two positions among the most profitable lenders in Romania last year and Citi climbed to third after a 44% increase in net profit.
Nuclearelectrica Sees 2015’s Net Profit To Plunge 72%, At Three-Year Low
Nuclear power producer Nuclearelectrica (SNN.RO) expects its 2015’s net profit to plunge 72%, hitting a three-year low, due to the small selling price of the electric power and high expenses...
Romania Has 454,000 Companies With EUR250B Revenue; Half Of It Comes From 1,200 Companies
• The revenue of the companies dropped by 25 billion lei (EUR5.6 billion) in 2013 compared with the previous year * Last year was the year with the highest net profit of the past three and w...